Carrying on Business II: Obtaining a Federal Tax ID Number for a Foreign-owned U.S. Business

Previously, the IRS would allow one to simply designate somebody without such governing power much in the way that a Registered Agent operates. It is important to note that with the new requirements, an individual who merely provides funding for… Continue reading

Carrying on Business I: Obtaining a Federal Tax ID Number for a Foreign-owned U.S. Business

We have recently discussed important issues for foreign residents in forming either a Limited Liability Company or Corporation in the US. While there are many important considerations that go into forming and structuring an entity, there are also other issues… Continue reading

EB-5 “Integrity” Reform Bill Introduced in Congress

A new EB-5 Reform bill has been introduced in Congress. While a comprehensive EB-5 reform bill did not end up being passed as was expected, this new bill would make some major changes to the EB-5 program that was extended… Continue reading

Proposed Executive Action affecting Highly Skilled Workers

The Department of Homeland Security published a newly proposed rule regarding highly skilled immigrant and non-immigrant workers: “Retention of EB-1, EB-2, and EB-3 Immigrant Workers and Program Improvements Affecting High-Skilled Nonimmigrant Workers.” The newly proposed rules are particularly helpful for… Continue reading

Starting a Corporation in Washington

Recently we discussed how to form a Limited Liability Company, a popular choice for Entrepreneurs because of its relatively simple governance structure and its protection against exposure to personal liability. For some Entrepreneurs however, forming a traditional Corporation is a… Continue reading